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Defense Metals Corp. is pleased to confirm that it expects to release the results of its Pre-feasibility Study for the Wicheeda Rare Earth Element Project during the week of February 10, 2025. The full PFS report will be prepared in accordance with National Instrument 43-101 standards and filed within 45 days of the initial announcement. The PFS is being prepared by Hatch Ltd., a globally recognized engineering and consulting firm, with contributions from SRK Consulting and other leading experts. Price projections for the mixed rare earth carbonate expected to be produced have been provided by Argus Media, a respected authority in the rare earths market. Mr. Guy de Selliers, Executive Chair of Defense Metals, commented: "I am enthusiastic about the release of the PFS which ma...

Elemental Altus Royalties Corp. announces the publication of the 2024 edition of its Annual Asset Handbook, providing detailed information about the Company's portfolio of high-quality production, development, and exploration stage royalties, as well as the operators' underlying Mineral Resource and Mineral Reserve Estimate information. The handbook can be downloaded from the Company's website at www.elementalaltus.com. Frederick Bell, CEO of Elemental Altus, commented: "2024 is set to be another record year for Elemental Altus, with significant growth in adjusted revenue and free cash flow while continuing to build out the Company's development royalties. We are delighted to release the second edition of the Asset Handbook, featuring our newly acquired assets as well as sign...

Highlights:‎ Orecap's Portfolio company Cuprum acquired by XXIX Metal Corp. ‎in an all-share deal. Orecap's now owns 15.1% if XXIX XXIX becomes one of Eastern Canada's largest copper developer. Orecap Invest Corp. is pleased to announce that its portfolio company, XXIX Metal Corp. ‎, has acquired ‎100% of the issued and outstanding common shares of Cuprum Corp. ‎, establishing XXIX as one of Canada's largest copper resource developers, with two multi-billion-pound ‎copper deposits in Quebec and Ontario . Pursuant to the Transaction, XXIX acquired all the issued and outstanding Cuprum Shares, including the ‎29,500,000‎ Cuprum Shares owned by Orecap, in consideration for the issuance of 1.1538 common shares of XXIX for each one ‎Cuprum Share,...

Great Pacific Gold Corp. announces a non-brokered private placement financing of up to 11,111,111 units of the Company at a price of $0.45 per Unit for aggregate gross proceeds of $5,000,000 . The net proceeds of the Offering will be used for: continued diamond drilling at the Kesar Project, contiguous with K-92 Mining's operations in the Eastern Highlands of Papua New Guinea ; initiation of the recently announced 2025 work plan for the Wild Dog Project on the island of New Britain ; as well as additional exploration activities in Papua New Guinea and general corporate expenses. "With the recently announced 2025 work plan for our Wild Dog project and our plan to continue drilling at Kesar into Q1, it was important for the Company to strengthen its balance sheet," stated Greg ...

New Break Resources Ltd. is pleased to announce that it has entered into a non-binding letter of intent with Guardian Exploration Inc. for the sale New Break's 100% interest in the mineral rights and exploration data associated with the 9,415 hectare Sundog gold project located in Kivalliq Region, Nunavut held pursuant to an Inuit Owned Lands Mineral Exploration Agreement . In addition, New Break has agreed to assign ownership of 205 drums of JetA fuel located in Arviat, Nunavut to Guardian. In consideration for assignment of the MEA to Guardian and sale of the fuel and Sundog exploration data , upon closing Guardian will make a cash payment to New Break of $75,000 and issue to New Break 5,000,000 common shares of Guardian. Guardian will assume responsibility fo...

TSXV: MTA NYSE American: MTA Metalla Royalty & Streaming Ltd. is pleased to announce that, effective immediately, it has appointed Chris Beer to the board of directors of the Company, as an independent director, subject to regulatory approval. Mr. Beer brings over 35 years of experience in mining finance and exploration. For the past 24 years, he served as Managing Director and Senior Portfolio Manager at RBC Global Asset Management, where he led award-winning global portfolios in precious metals, natural resources, energy, and clean energy. Chris began his career as an exploration geologist with Noranda Exploration and later spent seven years as a mining analyst at leading Canadian banks. He holds the CFA designation, an MBA from the University of Toronto's Rotman School of ...

Falco Resources is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to act as sole agent and sole bookrunner , in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$5,000,000 from the sale of units of the Corporation at a price of C$0.25 per Unit . Each Unit will consist of one common share of the Corporation and one common share purchase warrant . Each Warrant shall entitle the holder to purchase one Common Share at a price of C$0.35 at any time on or before that date which is 60 months after the closing date of the Offering. The Corporation has granted the Agent an option, on the same terms and conditions as the Offering, exercisable until the second business day prior to t...

MOU signed to explore feasibility of utilizing Sunshine Silver's permitted antimony plant site to process concentrates from both Stibnite Gold and Sunshine Silver. Antimony concentrate from the Stibnite Gold Project could be processed alongside Sunshine Silver's own production, together achieving up to 40% of annual U.S. antimony demand Perpetua Resources Corp. today announced its wholly owned subsidiary Perpetua Resources Idaho, Inc. has entered into a Memorandum of Understanding to explore antimony processing opportunities with Sunshine Silver Mining & Refining Company , also based in Idaho. Testing under the MOU, which is non-binding and non-exclusive, will evaluate the technical potential for processing and refining antimony from the Stibnite Gold Project in Idaho at the ...

Pan American Silver Corp. provides an annual exploration update and releases new exploration drill results for its Jacobina, El Peñon, La Colorada, Huaron, Minera Florida and Timmins mines, as well as its La Colorada Skarn project. "The success of our exploration program highlights the potential for long-term organic growth at many of our assets," said Christopher Emerson, Vice President of Exploration and Geology at Pan American. "Based on the results we were achieving in exploration this year, we increased our drill budget to over 450,000 metres for 2024. This exploration update highlights these results, and showcases the ongoing discovery of new mineralized structures in and around our existing mining operations." EXPLORATION HIGHLIGHTS: All intercepts are reported as estima...

Including 0.5 metres @ 2,541.9 g/t gold Mawson Gold Ltd. announces Southern Cross Gold Ltd. has released results from five drill holes from the Apollo prospect, with yet another significant discovery of 186 m @ 8.8 g/t Au * including 0.5 m @ 2,541.9 g/t Au at its 100%-owned Sunday Creek Gold-Antimony Project in Victoria. At Apollo, as for the adjacent Rising Sun mineralization, grades are increasing at depth. High Level Take Away: Sunday Creek Latest Results Setting New Records and Validating Growth Potential The latest drill results continue to reinforce Sunday Creek as one of the best gold-antimony discoveries in the world, with a globally leading drill hit rate . Discovery hole number SDDSC145 delivered exceptional gold grades, including: 2,541.9 g/t Au over 0...

Jaguar Mining Inc. has reported that operations at its Turmalina mine, which is part of the Company's MTL mining complex located in the state of Minas Gerais, Brazil, approximately 130 kilometers northwest of the city of Belo Horizonte, have been temporarily suspended following a slump in the north wall of its nearby Satinoco tailings pile which consists of dry-stacked filtered tails and waste rock. On the morning of Saturday December 7, 2024, a visual inspection identified areas of concern at the Satinoco tailings pile. The mine's personnel and nearby community members were evacuated before the slump occurred, and no injuries were reported. The Company is working diligently with local authorities, including the Brazilian National Mining Agency, and the community surrounding t...

Nevada King Gold is pleased to announce results from 20 vertical, reverse circulation holes and one diamond core drill hole completed in the North Extension Target together with 14 RC holes drilled in the East Ridge Target at its 12,000 ha, 100% owned Atlanta Gold Mine Project. These holes were completed as part of the Company's Phase II drill program. Highlights: Hole No. From To Interval Au Ag AT23NS-173 149.4 178.4 29.0 1.34 2.7 AT23NS-179* 118.9 154.0 35.1 1.45 2.6 AT23NS-177 227.1 256.1 29.0 1.95 0.9 Includes 228.6 234.7 6.1 6.60 5.43 AT23NS-183A 201.2 263.7 62.5 1.05 6.1 AT24NS-189 112.8 164.6 51.8 1.21 4.8 Table 1. Highlight holes released today. Mineralization occurs along ...

Azimut Exploration Inc. is pleased to announce the discovery of an extensive spodumene pegmatite field in the eastern part of its wholly-owned 39-kilometre-long Wabamisk Property in the Eeyou Istchee James Bay region of Quebec. Surface sampling returned numerous high-grade results from 86 rock samples, including 52 channel samples, collected from a roughly 4 square kilometre area. The spodumene pegmatites appear to represent a swarm with variable orientations and dips. This new target remains open in all directions . Additional fieldwork to further outline the prospective area will begin as early as possible in spring 2025, likely followed by diamond drilling. The Lithos target was discovered while verifying an isolated historical grab sample that returned a grade of 0.34% Li2...